Advertisement

DAR releases land titles under CARP

The Department of Agrarian Reform on Friday ordered the release of titles to farmer-beneficiaries of the Comprehensive Agrarian Reform Program pending amortizations.

Secretary John Castriciones issued DAR Administrative Order No. 5 of 2019, saying all original of the owner’s duplicate copies of land titles provided under the land reform program shall be turned over to the farmer-beneficiaries even to those who have pending amortizations.

“This within a month of effectivity of DAR’s latest administrative order,” the agency said.

The order directed all owner’s duplicate copies of registered certificates of landownership awards and emancipation patents “shall not be pledged or placed in the custody of another entity, pending the full payment of the amortizations of the land.”

Instead, these titles “shall be released immediately by the provincial agrarian reform office to the farmer-beneficiaries upon registration and receipt thereof from the Register of Deeds,” the order stated.

Before the new order, the original owner’s duplicate copies of the CLOAs and EPs were required to be surrendered to the Land Bank of the Philippines serving as the mortgagee-bank.

Lands awarded by the government shall be paid by agrarian reform beneficiaries to the Land Bank in 30 annual amortization at 6 percent interest per annum.

Topics: Department of Agrarian Reform , Comprehensive Agrarian Reform Program , John Castriciones
COMMENT DISCLAIMER: Reader comments posted on this Web site are not in any way endorsed by Manila Standard. Comments are views by manilastandard.net readers who exercise their right to free expression and they do not necessarily represent or reflect the position or viewpoint of manilastandard.net. While reserving this publication’s right to delete comments that are deemed offensive, indecent or inconsistent with Manila Standard editorial standards, Manila Standard may not be held liable for any false information posted by readers in this comments section.
AdvertisementSpeaker GMA
Advertisement